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EBRD funds floating solar plant in Albania

EBRD supports KESH s first floating solar photovoltaic plant in Albania

EBRD supports KESH s first floating solar photovoltaic plant in Albania EBRD supports KESH s first floating solar photovoltaic plant in Albania First medium-sized, floating solar photovoltaic plant in Albania and Western Balkans Innovative market-based funding model Albania is making rapid progress with its plans to meet renewable energy targets, with the construction of a 12.9 MW floating solar photovoltaic (PV) farm thanks to a €9.1 million loan provided by the European Bank for Reconstruction and Development (EBRD). The farm will be the first floating solar plant of this size in Albania and the Western Balkans. The plant will be built on the Vau i Dejës hydropower plant reservoir, which is managed by Korporata Elektroenergjitike Shqiptare (KESH). It represents a breakthrough in innovative green technology, using Albania’s rich solar resources while avoiding the use of scarce land.

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